$3,250,000
SOLD JAN 16, 2025

195 Mills Rd North Salem, NY 10560

6 Beds
6.5 Baths
10,086 Sq Ft
17.05 Acres

Recently Sold

$322 Per Sq Ft

30% Below List Price

408 Days on Market

Highlights

  • Water Views
  • Barn
  • 17.05 Acre Lot
  • North Salem Middle/High School Rated A-
  • In Ground Pool
  • Colonial Architecture

About This Home

As of January 2025

Superbly sited with 30-mile views across the Titicus Reservoir, Salem Summit is the ultimate hilltop compound. Offering unparalleled privacy, the property is a veritable sanctuary offering every amenity. The gated property is introduced by a handsome cedar shingled guest house. The driveway then winds past a classic red barn and tennis court to a beautiful level plateau. The residence is sited to take advantage of a 180 view of the water and hills beyond. The first floor is open plan with an island kitchen and great room facing the awesome view through floor to ceiling windows.. Multiple wings include a two story library, a gym, 5 bedroom suites and a separate first floor apartment. Outdoor entertaining spaces include multiple stone terraces, balconies and wrap around deck-all with a view. The adjacent pool complex is framed by massive rock outcroppings and leads to a vegetable garden and hidden meadow. Just three miles from the Purdy's train station and just over one hour from Midtown Manhattan. Additional Information: Amenities:Guest Quarters,Tennis,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

Last Agent to Sell the Property

David Turner

Compass Greater NY, LLC Brokerage Phone: (914) 953-6010 License #30TU0899404 Listed on: 10/18/2023

Compass Greater NY, LLC

Last Buyer's Agent

Marjorie Renwick

Corcoran Legends Realty License #30RE0436600

Corcoran Legends Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109,274

Year Built

  • Built in 1959 | Remodeled in 2007

Lot Details

  • 17.05 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Mountain

Home Design

  • Colonial Architecture
  • Cottage
  • Frame Construction
  • Clapboard

Interior Spaces

  • 10,086 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 4 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Partial Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Terrace
  • Wrap Around Porch

Schools

  • Pequenakonck Elementary School
  • North Salem Middle/ High School

Farming

  • Barn

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Drilled Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4000-031-000-01362-000-0014

Community Details

Amenities

  • Sauna

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$109,274

Year Built

Built in 1959 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial, Cottage
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1959
  • Year Built Effective: 2007
  • Attribution Contact: (914) 953-6010
  • Building Stories: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Stainless Steel Appliance(s), Indirect Water Heater, Dishwasher, Dryer, Refrigerator
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining, Entrance Foyer, High Ceilings, Primary Bathroom, Pantry, Walk-In Closet(s), Wet Bar
  • Fireplaces: 4
  • Flooring: Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Partial
  • Inclusions: Oven/Range,Second Refrigerator
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 10086
  • Other Equipment: Generator
  • Basement YN: Yes
  • ResoLivingAreaSource: Other

Exterior Features

  • Other Structures: Barn(s)
  • Construction Materials: Frame, Clapboard
  • Pool Features: In Ground
  • View: Mountain(s), Water
  • Patio and Porch Features: Terrace, Wrap Around
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached

Utilities

  • Cooling: Central Air
  • Heating: Oil, Hydro Air
  • Sewer: Septic Tank
  • Utilities: Trash Collection Private
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Association Amenities: Sauna
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Tennis Court(s)

Schools

  • Middle School: North Salem Middle/ High School

Lot Info

  • Lot Size Acres: 17.05
  • Lot Size Area: 17.05
  • Lot Size Sq Ft: 742698
  • Lot Features: Views, Level
  • Parcel Number: 4000-031-000-01362-000-0014
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 109274
  • Tax Year: 2024

MLS Schools

  • Elementary School: Pequenakonck Elementary School
  • High School: North Salem Middle/ High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jan 16, 2025
Sold by
Robert E Abrams Revocable Trust and Abrams Cynthia Vance
Bought by
Mcgregor Shane
Seller's Agent
David Turner
Compass Greater NY, LLC
Buyer's Agent
Marjorie Renwick
Corcoran Legends Realty
List Price
$4,650,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,400,000
-30.11%
Views
421
Current Estimated Value
$4,601,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,351,584
Avg. Annual Appreciation
30.83%
Original Mortgage
$2,600,000
Outstanding Balance
$2,595,377
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,172,255

Purchase Details

Closed on
Mar 28, 2023
Sold by
Abrams Robert E
Bought by
Abrams Robert E

Purchase Details

Closed on
May 17, 2005
Sold by
Espuelas Ann
Bought by
Abrams Robert E

Purchase Details

Closed on
Jul 30, 1999
Sold by
Kohlberg James A
Bought by
Weiksner Sandra S and Treetops Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $3,250,000 First American Title Insurance
Bargain Sale Deed -- Judicial Title
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $4,522,000 --
Bargain Sale Deed $3,500,000 All New York Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,000 New Conventional
Previous Owner $30,348 New Conventional
Previous Owner $4,230,000 New Conventional
Previous Owner $49,985 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $3,250,000 0.0% $322 / Sq Ft
12/11/2024 12/11/24 Off Market $20,000 -- --
12/05/2024 12/05/24 Off Market $3,500,000 -- --
11/29/2024 11/29/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $3,500,000 -10.3% $347 / Sq Ft
07/26/2024 07/26/24 Price Changed $3,900,000 -8.2% $387 / Sq Ft
05/10/2024 05/10/24 Price Changed $4,250,000 -8.6% $421 / Sq Ft
10/18/2023 10/18/23 For Sale $4,650,000 0.0% $461 / Sq Ft
02/24/2020 02/24/20 Rented $20,000 +33.3% --
10/04/2019 10/04/19 For Rent $15,000 -14.3% --
05/05/2015 05/05/15 For Rent $17,500 0.0% --
05/05/2015 05/05/15 Rented $17,500 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $96,876 $4,654,000 $355,400 $4,298,600
2023 $100,294 $4,250,500 $337,700 $3,912,800
2022 $89,044 $3,604,200 $302,400 $3,301,800
2021 $100,433 $3,123,200 $302,400 $2,820,800
2020 $99,579 $3,401,700 $302,400 $3,099,300
2019 $99,414 $3,401,700 $302,400 $3,099,300
2018 $100,839 $3,401,900 $302,600 $3,099,300
2017 $60,659 $3,335,200 $302,600 $3,032,600
2016 $85,837 $326,850 $59,800 $267,050
2015 -- $326,850 $59,800 $267,050
2014 -- $326,850 $59,800 $267,050
2013 -- $326,850 $59,800 $267,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6273042

OneKey® MLS

APN: 4000-031-000-01362-000-0014